---
title: "FANGYUAN's shareholder Zhongke Baiyun plans to reduce its holdings by no more than 1% of the shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/243703688.md"
description: "According to the Zhitong Finance APP, FANGYUAN announced that the company recently received a notice from its shareholder Zhongke Baiyun, stating that due to fund allocation needs, the shareholder plans to reduce its holdings of the company's shares by no more than 5.1 million shares (not exceeding 1% of the company's total share capital) through centralized bidding trading at market prices. The reduction period will be within three months starting from the third trading day after the company discloses the share reduction plan announcement"
datetime: "2025-06-09T11:50:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/243703688.md)
  - [en](https://longbridge.com/en/news/243703688.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/243703688.md)
generator: "portal-rs"
---

# FANGYUAN's shareholder Zhongke Baiyun plans to reduce its holdings by no more than 1% of the shares

According to the Zhitong Finance APP, FANGYUAN (688148.SH) announced that the company recently received a notification from its shareholder Zhongke Baiyun. Due to fund allocation needs, the shareholder Zhongke Baiyun plans to reduce its holdings of the company's shares by no more than 5.1 million shares (not exceeding 1% of the company's total share capital) through centralized bidding trading at market prices. The reduction period will be within three months starting from the third trading day after the company discloses the share reduction plan announcement

### Related Stocks

- [688148.CN](https://longbridge.com/en/quote/688148.CN.md)

## Related News & Research

- [Egetis says new Emcitate clinical data from Triac Trial II, ReTRIACt to be presented at September congresses](https://longbridge.com/en/news/297996002.md)
- [Tegma authorizes closure of Taubate, Sao Paulo branch](https://longbridge.com/en/news/297960889.md)
- [Tezos to Launch Post-Quantum Testnet in September](https://longbridge.com/en/news/297946567.md)
- [WDP buys 100,000 sq m Antwerp port landbank for EUR 23.5 million](https://longbridge.com/en/news/297739886.md)
- [11:19 ETListrak Launches Free Email Marketing Audit for Retailers](https://longbridge.com/en/news/297805825.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**